Press coverage about First Business Financial Services (NASDAQ:FBIZ) has trended positive recently, according to AlphaOne Sentiment Analysis. The research group, a division of Accern, ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Business Financial Services earned a coverage optimism score of 0.31 on AlphaOne’s scale. AlphaOne also assigned news coverage about the financial services provider an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.
Shares of First Business Financial Services (NASDAQ:FBIZ) traded up 0.70% during trading on Thursday, hitting $26.05. The stock had a trading volume of 13,006 shares. The stock has a 50 day moving average of $25.40 and a 200 day moving average of $23.71. The company has a market cap of $227.10 million, a PE ratio of 15.23 and a beta of 0.86. First Business Financial Services has a 12 month low of $18.76 and a 12 month high of $26.48.
First Business Financial Services (NASDAQ:FBIZ) last released its earnings results on Thursday, January 26th. The financial services provider reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.07. The firm had revenue of $20.68 million for the quarter, compared to analysts’ expectations of $19.08 million. First Business Financial Services had a return on equity of 9.36% and a net margin of 15.37%. Equities analysts forecast that First Business Financial Services will post $1.77 EPS for the current fiscal year.
Several equities analysts have recently commented on FBIZ shares. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $27.00 price objective on shares of First Business Financial Services in a research report on Monday, April 10th. Zacks Investment Research upgraded First Business Financial Services from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a research report on Monday, April 3rd. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. First Business Financial Services presently has a consensus rating of “Hold” and a consensus target price of $26.25.
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In other news, SVP Jodi A. Chandler sold 4,415 shares of the company’s stock in a transaction that occurred on Thursday, March 16th. The stock was sold at an average price of $25.34, for a total transaction of $111,876.10. Following the transaction, the senior vice president now owns 21,267 shares of the company’s stock, valued at $538,905.78. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Charles H. Batson sold 1,957 shares of the company’s stock in a transaction that occurred on Friday, February 17th. The shares were sold at an average price of $25.52, for a total value of $49,942.64. Following the transaction, the insider now directly owns 29,207 shares in the company, valued at approximately $745,362.64. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 36,977 shares of company stock worth $915,201. Insiders own 8.30% of the company’s stock.
First Business Financial Services Company Profile
First Business Financial Services, Inc (FBFS) is a bank holding company. The Company engages in the commercial banking business through its bank subsidiaries, which include First Business Bank (FBB), First Business Bank-Milwaukee (FBB-Milwaukee) and Alterra Bank (Alterra) (FBB and FBB-Milwaukee and, together with FBB, the Banks).
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